Professor of Finance and Chairman MBA Program, New York University. This research was partially funded by National Science Foundation Grant #7924828. I wish to thank a number of colleagues at New York University, especially Y. Amihud, A. Kalay, J. Kallberg, A. Saunders, and M. Subrahmanyam, for their constructive comments, the workshop participants at NYU, University of North Carolina-Chapel Hill, and the Georgia Institute of Technology for their feedback. I am grateful to M. Gultekin, Paul Ho, Ellen Kaplan, and Donald Homolka for their computational assistance, and the firm of Lynch, Jones & Ryan for providing important data. No one named above, however, necessarily agrees with the concepts or is responsible for the results of this paper.
A Further Empirical Investigation of the Bankruptcy Cost Question
Version of Record online: 30 APR 2012
© 1984 the American Finance Association
The Journal of Finance
Volume 39, Issue 4, pages 1067–1089, September 1984
How to Cite
ALTMAN, E. I. (1984), A Further Empirical Investigation of the Bankruptcy Cost Question. The Journal of Finance, 39: 1067–1089. doi: 10.1111/j.1540-6261.1984.tb03893.x
- Issue online: 30 APR 2012
- Version of Record online: 30 APR 2012
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